Job Description Chief Development Officer JOB PURPOSE Reporting to the CEO and the V&A Waterfront Board of directors, the Chief Development Director (CDO) leads the creation and execution of a comprehensive vision and strategy for the Granger Bay development project to deliver sustainable economic growth at the V&A Waterfront as part of the overarching business strategy. The CDO is responsible for conceptualizing the overall Granger Bay project strategy, establishing the business plan, and putting together a project team. Key tasks will include conceptualizing and driving the Granger Bay project strategy; overseeing the design and construction of complex marine and real estate projects; managing a large team of multi- skilled internal and external stakeholders; collaboratively coordinating, leading, and overseeing project delivery; researching opportunities and screening potential projects in the marketplace and linking these to the V&A portfolio of projects for commercialization opportunity with offtakers; collaborating across the business and relationship building with local and international industry experts to advance projects through the various development stage to project close out. The role requires the ability to guide strategic long-term planning requiring the capability to identify and forecast the impact of emerging international and local industry trends, an understanding of the micro and macroeconomic environment and working knowledge of the legislative context specific to the V&A Waterfront. The CDO must be practical and effective recognizing opportunity, defining and delivering tangible outcomes that add value to the greater V&A Waterfront ecosystem. Special consideration should be given to managing the environmental, social, and governance factors which impact the long- and short-term prospects of the industry. Together with the CEO and other Executives, the CDO must assist with collectively creating the world’s most inspiring waterfront neighborhood and ensuring that the V&A Waterfront remains a leading example showcasing the best that Africa has to offer.
OBJECTIVES
Vision and Strategy • Identify and leverage business opportunities and create property and other assets that add value to the greater ecosystem by researching global and local trends and market needs • Conceptualize and lead the development, implementation, and maintenance of a comprehensive Granger Bay Project vision and strategy to ensure value delivery and sustainable business growth that is optimally aligned with the V&A’s strategic objectives • Deliver viable developments that optimize the V&A portfolio asset mix to maximize return and minimize risk • Ensure that all initiatives are aligned with and respond to shareholder investment criteria as well as the overarching V&A Waterfront business strategy • Collaborate with the Executive team to establish and embed the V&A purpose,V&A Way, and to establish the shared values ecosystems strategy across the Business • Set business objectives and specific goals with successive levels of employees to ensure alignment and buy-in Tactical Planning and Implementation • Identify key roles and responsibilities based on project needs • Build an effective project delivery team (internal and external) • Lead and ensure effective development capability to produce world class, cost effective, and value-adding assets • Collaboratively ensure and oversee successful operational implementation • Collaboratively define, coordinate, and lead the execution of the vision and plan • Create the planning applications and obtaining all necessary project permissions • Plan and use internal and external resources effectively to ensure maximum ROI • Create, define, improve, and enforce business processes, systems, and improvement • Make key decisions affecting the Granger Bay Project within the V&A Waterfront • Actively develop and improve processes and streamline work to advance projects through the various development stage • Deal structuring and leading feasibility studies of potential new developments • Lead and assist with negotiations and lease agreements alongside relevant stakeholders • Provide continuous project leadership and mentorship • Establish clear goals, milestones, and measurable deliverables to track project progress re. finance, risks, and programme • Research and consider ways to create more opportunity, manage economic risk, as well as environmental, social, and governance factors • Identify and/or create effective project management systems and tools, processes, and procedures
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